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Market Analysis

Technical Analysis
Friday 24th March 2023: Technical Outlook and Review

The XAU/USD chart is currently showing a bearish momentum. Price could potentially make a bearish reaction off the first resistance level at 2007 and drop towards the first support level at 1957. This support level is an overlap support and has held prices up in the past.

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Market Analysis
IC Markets Asia Fundamental Forecast | 24 March 2023

IC Markets Asia Fundamental Forecast | 24 March 2023 What happened […]

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Market Analysis
IC Markets Europe Fundamental Forecast | 23 March 2023

IC Markets Europe Fundamental Forecast | 23 March 2023 What happened […]

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Recent
Thursday 23rd March 2023:  Fed Hike and Yellen’s Comments on Deposit Insurance Trigger Sell-off in Asian Markets

Global Markets: News & Data: Markets Update: Asian markets skidded on […]

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Technical Analysis
Thursday 23rd March 2023: Technical Outlook and Review

The XAU/USD chart shows a bullish momentum, and price could potentially continue to rise towards the 1st resistance level at 2007.00, which is a swing high resistance level. The 1st support level at 1957.00 is a strong overlap support level, which could provide a bounce if price were to drop.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 23 March 2023

IC Markets Asia Fundamental Forecast | 23 March 2023 What happened […]

By IC Markets

Recent
Wednesday 22nd March 2023: Higher interest rates loom as Asian stocks rally

Global Markets: News & Data: Markets Update: Asian stocks rose on […]

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Market Analysis
IC Markets Europe Fundamental Forecast | 22 March 2023

IC Markets Europe Fundamental Forecast | 22 March 2023 What happened […]

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Technical Analysis
Wednesday 22nd March 2023: Technical Outlook and Review

Gold could potentially make a bullish bounce off the first support level at $1933 and head towards the first resistance level at $1957. The $1933 level is an overlap support, coinciding with the 38.20% Fibonacci retracement, which could act as a strong support level.

By IC Markets